bit of a battle right now wrangling spy

effects of bonds subdued from the nfp

not yet qqq but dia and iwm so 3/4

some kinda flag to revisit that vwap

fun now for the west coast 0dte lunch

qqqs still flying either strength or revert

just going off the vix behavior which is trying to top

there are some global events which ripped energy

giving the dow some contained headwinds

the overall behavior has transgressed to affect larger time frames

so a somewhat defensive posture or hedge is now in order

nasdaq may be the last to be blasted with mag7 but still

started off okay at open but since soured

vix also reversed, so the doldrums go onward

so then the mag7 becomes the safety once again

well, since late last week there was a bit of hangover

that might go away and start fresh into the holidays

but those holidays just might bring more hangovers

high flying beta is pushing mag (without the 7) and crypto

ai/cloud work from meta amzn and googl encroaching on nvda

meta open source, amzn asic cost focus, googl quantum compute

definition of an intraday dip that needed to test support for higher

the interesting thing is that the hourly sprung pretty wide

that might be a good sign vs. damping down the week

the only problem is that aud/jpy is not complying

and the push has cause a reflexive sell point

vix also found levels to be supportive

welp, the fomc run-up is a bit deflated due to inflationary concerns

short term all indexes are just fading with dia and iwm more so

dollar strength audjpy eurjpy optimistic vs vol negativity